Itau Treasury Stock vs Accounts Payable Analysis
ITUB Stock | USD 5.74 0.25 4.17% |
Itau Unibanco financial indicator trend analysis is infinitely more than just investigating Itau Unibanco Banco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itau Unibanco Banco is a good investment. Please check the relationship between Itau Unibanco Treasury Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Treasury Stock vs Accounts Payable
Treasury Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Itau Unibanco Banco Treasury Stock account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Itau Unibanco's Treasury Stock and Accounts Payable is 0.08. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Itau Unibanco Banco, assuming nothing else is changed. The correlation between historical values of Itau Unibanco's Treasury Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Itau Unibanco Banco are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Treasury Stock i.e., Itau Unibanco's Treasury Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Treasury Stock
Accounts Payable
An accounting item on the balance sheet that represents Itau Unibanco obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Itau Unibanco Banco are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Itau Unibanco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itau Unibanco Banco current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. The current year's Enterprise Value is expected to grow to about 579.5 B, whereas Selling General Administrative is forecasted to decline to about 30.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 121.8B | 138.6B | 344.8B | 362.0B | Total Revenue | 121.8B | 138.6B | 124.5B | 76.9B |
Itau Unibanco fundamental ratios Correlations
Click cells to compare fundamentals
Itau Unibanco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Itau Unibanco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6T | 2.0T | 2.1T | 2.3T | 2.5T | 2.7T | |
Short Long Term Debt Total | 279.3B | 299.6B | 321.2B | 428.0B | 451.8B | 474.4B | |
Total Current Liabilities | 126.5B | 102.1B | 104.8B | 148.3B | (205.1B) | (194.8B) | |
Total Stockholder Equity | 136.9B | 143.0B | 152.9B | 168.0B | 190.2B | 199.7B | |
Other Liab | 241.8B | 244.0B | 255.8B | 275.8B | 317.2B | 333.1B | |
Property Plant And Equipment Net | 11.0B | 11.8B | 12.0B | 11.6B | 12.5B | 6.9B | |
Net Debt | 123.1B | 107.6B | 102.2B | 217.2B | 223.4B | 234.6B | |
Retained Earnings | 42.5B | 47.3B | 66.2B | 86.2B | 104.5B | 109.7B | |
Accounts Payable | 28.7B | 31.2B | 30.2B | 37.5B | 30.8B | 25.4B | |
Cash | 156.2B | 192.0B | 219.0B | 210.7B | 228.4B | 239.8B | |
Non Current Assets Total | 595.4B | 658.2B | 645.7B | 744.2B | 3.4T | 3.6T | |
Non Currrent Assets Other | (45.7B) | (61.6B) | (55.3B) | (59.3B) | (930.2B) | (883.7B) | |
Other Assets | 799.2B | 1.0T | 1.0T | 1.2T | (894.3B) | (849.6B) | |
Long Term Debt | 155.3B | 192.4B | 211.1B | 275.7B | 261.5B | 274.6B | |
Cash And Short Term Investments | 232.9B | 301.9B | 324.7B | 331.8B | 40.6B | 38.6B | |
Net Receivables | 10.0B | 56.9B | 66.3B | 78.4B | 96.5B | 101.3B | |
Common Stock Total Equity | 99.1B | 99.3B | 97.1B | 99.7B | 114.6B | 60.4B | |
Common Stock Shares Outstanding | 9.8B | 9.8B | 9.8B | 9.9B | 9.9B | 9.4B | |
Short Term Investments | 76.7B | 109.9B | 105.6B | 121.1B | 130.0B | 70.4B | |
Liabilities And Stockholders Equity | 1.6T | 2.0T | 2.1T | 2.3T | 2.5T | 2.7T | |
Non Current Liabilities Total | 283.1B | 201.0B | 220.0B | 148.3B | 2.3T | 2.4T | |
Other Current Assets | 740.5B | 923.0B | 5.2B | 556.1B | 612.9B | 421.3B | |
Other Stockholder Equity | (43.8B) | (45.7B) | (66.7B) | (86.3B) | (104.5B) | (99.3B) | |
Total Liab | 1.5T | 1.9T | 1.9T | 2.1T | 2.3T | 2.5T | |
Property Plant And Equipment Gross | 7.2B | 11.8B | 27.1B | 27.2B | 27.8B | 29.2B | |
Total Current Assets | 242.9B | 358.8B | 391.0B | 410.2B | 40.6B | 38.6B | |
Accumulated Other Comprehensive Income | 38.9B | 44.2B | 62.7B | 77.3B | 99.5B | 104.4B | |
Short Term Debt | 123.9B | 119.3B | 126.0B | 158.2B | 187.0B | 196.4B | |
Intangible Assets | 8.6B | 9.1B | 13.3B | 15.6B | 15.5B | 16.3B | |
Common Stock | 99.3B | 99.3B | 99.7B | 90.7B | 104.3B | 66.8B | |
Property Plant Equipment | 10.8B | 11.8B | 12.0B | 11.6B | 13.4B | 14.0B | |
Inventory | (740.5B) | (923.0B) | (863.4B) | (556.1B) | (137.1B) | (144.0B) | |
Good Will | 11.2B | 8.2B | 7.8B | 7.6B | 7.8B | 7.1B | |
Other Current Liab | (28.7B) | (5.6B) | (6.4B) | (6.9B) | (10.6B) | (10.0B) | |
Current Deferred Revenue | 2.7B | 3.2B | 3.3B | 2.7B | 1.3B | 2.2B | |
Net Tangible Assets | 117.2B | 125.7B | 131.8B | 144.8B | 166.6B | 112.2B | |
Long Term Investments | 542.2B | 629.1B | 612.6B | 709.5B | 894.3B | 489.0B | |
Short Long Term Debt | 123.9B | 102.1B | 104.8B | 148.3B | 187.0B | 113.3B | |
Capital Lease Obligations | 4.1B | 5.1B | 5.3B | 3.9B | 3.3B | 2.7B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Itau Unibanco Banco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itau Unibanco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itau Unibanco Banco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itau Unibanco Banco Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itau Unibanco. If investors know Itau will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itau Unibanco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.189 | Dividend Share 1.609 | Earnings Share 0.68 | Revenue Per Share 13.51 | Quarterly Revenue Growth (0) |
The market value of Itau Unibanco Banco is measured differently than its book value, which is the value of Itau that is recorded on the company's balance sheet. Investors also form their own opinion of Itau Unibanco's value that differs from its market value or its book value, called intrinsic value, which is Itau Unibanco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itau Unibanco's market value can be influenced by many factors that don't directly affect Itau Unibanco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itau Unibanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itau Unibanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itau Unibanco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.